Press release
Emerging Diabetic Footwear Market Trends: Technological Innovations Revolutionizing The Diabetic Footwear Market Shaping the Future of the Industry
Diabetic Footwear Market Size
Diabetic Footwear Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size of diabetic footwear has seen a substantial increase. The value is projected to rise from $8.45 billion in 2024 to $9.25 billion in 2025, experiencing a compound annual growth rate (CAGR) of 9.5%. The historic growth can be traced back to factors such as a rise in diabetes cases, an aging demographic, complications related to diabetic foot, the comfort and support provided by such footwear, and increased health consciousness.
How Will the Diabetic Footwear Market Size Evolve and Grow by 2029?
The market for diabetic footwear is projected to experience swift expansion in the upcoming years, escalating to a valuation of $13.73 billion in 2029 with a CAGR of 10.4%. The anticipated growth during the forecast period can be linked to an increase in awareness regarding diabetic foot health, use of footwear that supports an active lifestyle, sustainable and environment-friendly materials, development in emerging markets, and the rise of non-invasive monitoring technologies. Key trends predicted for the forecast period encompass customized orthopedic footwear, innovative footwear technologies, adoption of telehealth and remote consultations, novel technological advancements, and the formulation of strategic collaborations.
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What Drivers Are Propelling the Growth of Diabetic Footwear Market Forward?
The growth of the diabetic footwear market is predicted to be driven by the escalating number of diabetes patients. Diabetes is a long-standing health disorder that leads to elevated blood sugar levels. Diabetic shoes are useful in obstructing serious foot health issues that may develop due to diabetes and offer essential benefits like improved blood flow, a wide toe box, and massages that alleviate pressure in the foot regions that are most likely to experience pain. For instance, a report by the Institute For Health Metrics and Evaluation, an independent health research organization based in the US, indicated in June 2023 that the global population will more than double to 1.3 billion in the subsequent 30 years. Also, by 2050, the total estimated number of diabetes patients is anticipated to hit 529 million. Consequently, the rising prevalence of diabetes patients is fueling the expansion of the diabetic footwear market.
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Which Emerging Trends Are Transforming the Diabetic Footwear Market in 2025?
Leading enterprises in the diabetic footwear market are working on creating state-of-the-art products such as smart shoes, with the aim of enhancing care for patients and improving health results. The incorporated advanced features in these smart shoes such as pressure sensors and system monitors assist with early detection of foot problems, reducing the potential for serious problems like ulcers and amputations. As an example, nine students from the Oman College of Health Sciences, a premier Oman-based educational institute, conceptualized a smart shoe in March 2024, specifically designed to mitigate complications typically associated with diabetes. This revolutionary footwear is targeted at combating severe health problems related to diabetes, especially complications of the diabetic foot which could escalate to critical consequences like foot ulcers and amputations.
What Are the Key Segments in the Diabetic Footwear Market?
The diabetic footwear market covered in this report is segmented -
1) By Type: Shoes, Sandals, Slippers
2) By Distribution Channel: Online Platform, Specialty Stores, Footwear Stores, Other Distribution Channels
3) By End User: Men, Women
Subsegments:
1) By Shoes: Athletic Shoes, Dress Shoes, Casual Shoes, Therapeutic Shoes
2) By Sandals: Open-Toe Sandals, Closed-Toe Sandals, Adjustable Sandals
3) By Slippers: Indoor Slippers, Outdoor Slippers, Heated Slippers
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Who Are the Key Players Shaping the Diabetic Footwear Market's Competitive Landscape?
Major companies operating in the diabetic footwear market include Podartis Srl Co., DJO Global Inc., Aetrex Worldwide Inc., Orthofeet Inc., Dr. Comfort llc, Drew Shoe Corp., New Balance Inc., Finn Comfort USA Inc., Diabetic Soles Inc., Hanger Inc., Hush Puppies Retail Inc., DARCO International Inc., Apex Foot Health Industries LLC, Propét USA Inc., Anodyne Shoes LLC, P.W. Minor and Son Inc., Pedorthic Shoe Company, Vionic Group LLC, San Antonio Shoe Inc., PediFix Inc., Scholl's Wellness Company LLC, Orthotic Shop Inc., Orthopedic Footwear LLC
What Geographic Markets Are Powering Growth in the Diabetic Footwear Market?
North America was the largest region in the diabetic footwear market in 2024. The regions covered in the diabetic footwear market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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